In the wake of the coronavirus pandemic, massive job losses, rapidly evolving business models, and accelerating technological change are dramatically reshaping the US economy. This report, produced in partnership with Burning Glass Technologies and the National Fund for Workforce Solutions, provides a comprehensive analysis of long-standing racial gaps in labor market outcomes, the economic impacts of Covid-19, and the racial equity implications of automation. It provides an in-depth analysis of disaggregated equity indicators and labor market dynamics, finding that White workers are 50 percent more likely than workers of color to hold good jobs and that eliminating racial inequities in income could boost the US economy by $2.3 trillion a year. In addition to detailed data analysis on the state of racial inequities in jobs and opportunity, the report offers a bold framework for action to advance workforce equity, where racial income gaps have been eliminated, all jobs are good jobs, and everyone who wants to work has access to family-supporting employment.
Media: How Companies Can Help Conquer Racial Inequity and Create Future Work for Black Americans (Black Enterprise)
Webinar Recording: Race and the Work of the Future: Advancing Workforce Equity